The available school fund, the state instructional materials fund, and the foundation school fund are parts of the General Revenue funds of the texas budget.
The Foundation School Program of a state fund public schools accordingly with a series of formulas prescribed by the respective Legislature which determines how much of the funding from local and state from where each school district receives. In general, the texas budget is provided by general revenue funds.
Districts having low property values needs more support from the state whereas districts with higher property values require only less value.
The school budget provides school districts and their leaders with a chance to justify expenditure and collection of public funds. In general, a school budget depicts the plan of the district for the upcoming year which is related to expenditures and revenues which is anticipated.
Around 48 percent of the budget of a particular school comes from state resources along with funds, income, and sales taxes. Other 44 percent taken from property taxes of homeowners in the area is contributed primarily.
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Answer:
C. a debit to Held-to-Maturity Debt investments for $26,000
Explanation:
In as much Amex corporation is intending to place on hold the bonds till they mature; total investments must be recorded i.e price of bonds including commission for brokerage, as held to securities until they mature.
Classification of investments in securities are ; Held-to-maturity, meaning that the company is not planning to sell the investments hence hold on to them till they mature. They are however classified as non current assets. Investment in securities could also be made available for sale or held for further trading.
The journal entry is therefore;
Dr Held-to-Maturity debts investments $26,000
Cr Cash $26,000
It is sort of outsourcing exercise which is executed as a cost controlling measure thereby enabling management to focus on critical matters.
Explanation:
Here, if in the given case CANE outsources manufacturing activity to an established supplier it can save on hiring factory and cost and lab our overheads and can effectively focus on more critical functions including sales and strengthening supply chain management .
They can effectively deploy capital to more productive options.
This process if considered after due diligence will enable it to improve its financial position.
It only needs to ensure that supplier is committed to service, quality and delivery with flexibility so that financial benefits syncs with the set of expectations.
Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of ambiguity.
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What is ambiguity in employment contract?</h3>
Ambiguity is used to explain a condition that is not permanent in a Job but that remain relevant within the period given.
It is to the disadvantage of the employer because if they term is bridged it may affect the business or company through leaking of vital company information.
Therefore,
Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of ambiguity
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Answer:
i don't understand please explain